West High Yield (W.H.Y.) Resources Ltd. Announces BC Government Mining Permit Work Plan Timelines
West High Yield Resources (TSXV: WHY) has received updated work plan timelines from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation regarding its Record Ridge Industrial Minerals Mine (RRIMM) permit process. The company is optimistic about a potential permit issuance by early December, 2024, although dates may be subject to adjustments.
West High Yield remains committed to addressing any further requests or comments from the British Columbia Mine Development Review Committee (MDRC) review of its latest amended permit submission. The company continues to work closely with Project stakeholders and regulatory authorities to ensure efficient progress.
The revised Project does not trigger the British Columbia Environmental Assessment Act Reviewable Project Regulations, eliminating the need for an environmental assessment prior to obtaining construction and operation permits for the RRIMM.
West High Yield Resources (TSXV: WHY) ha ricevuto aggiornamenti sui tempi di lavoro dal Ministero dell'Energia, delle Miniere e dell'Innovazione a Basso Carbonio della Columbia Britannica riguardo al processo di permesso per la sua Miniera di Minerali Industriali Record Ridge (RRIMM). L'azienda è ottimista riguardo a un potenziale rilascio del permesso entro inizio dicembre 2024, anche se le date potrebbero essere soggette a modifiche.
West High Yield rimane impegnata a rispondere a ulteriori richieste o commenti del Comitato di Revisione dello Sviluppo Minerario della Columbia Britannica (MDRC) relativi alla sua ultima presentazione di permesso modificato. L'azienda continua a collaborare strettamente con portatori di interesse del progetto e autorità di regolamentazione per garantire un progresso efficiente.
Il Progetto rivisto non attiva le Normative sui Progetti Esaminabili della Legge sull'Impatto Ambientale della Columbia Britannica, eliminando la necessità di un'analisi ambientale prima di ottenere i permessi di costruzione e operazione per il RRIMM.
West High Yield Resources (TSXV: WHY) ha recibido actualizaciones sobre los plazos del plan de trabajo del Ministerio de Energía, Minas e Innovación de Bajo Carbono de Columbia Británica con respecto a su proceso de permiso para la Minería de Minerales Industriales Record Ridge (RRIMM). La compañía es optimista sobre una posible emisión de permiso para principios de diciembre de 2024, aunque las fechas pueden estar sujetas a ajustes.
West High Yield se compromete a abordar cualquier solicitud o comentario adicional del Comité de Revisión del Desarrollo Minero de Columbia Británica (MDRC) sobre su última presentación de permiso enmendado. La empresa continúa trabajando en estrecha colaboración con partes interesadas en el proyecto y autoridades regulatorias para asegurar un progreso eficiente.
El Proyecto revisado no activa las Normas de Proyectos Evaluables de la Ley de Evaluación Ambiental de Columbia Británica, eliminando la necesidad de una evaluación ambiental antes de obtener los permisos de construcción y operación para el RRIMM.
웨스트 하이 필드 리소스(West High Yield Resources) (TSXV: WHY)는 브리티시 컬럼비아 에너지, 광업 및 저탄소 혁신부로부터 작업 계획 일정에 대한 업데이트를 받았습니다. 이는 레코드 리지 산업 광물 광산 (RRIMM) 허가 프로세스에 관한 것입니다. 회사는 2024년 12월 초까지의 허가 발급 가능성에 대해 낙관하고 있지만, 날짜는 조정될 수 있습니다.
웨스트 하이 필드는 브리티시 컬럼비아 광업 개발 검토 위원회 (MDRC)의 최신 수정 허가 제출에 대한 추가 요청이나 의견을 처리하기 위해 최선을 다하고 있습니다. 이 회사는 프로젝트 이해관계자 및 규제 당국와 긴밀히 협력하여 효율적인 진행을 보장합니다.
개정된 프로젝트는 브리티시 컬럼비아 환경 평가법의 검토 가능한 프로젝트 규정을 유발하지 않으며, RRIMM의 건설 및 운영 허가를 받기 전에 환경 평가의 필요성을 없앱니다.
West High Yield Resources (TSXV: WHY) a reçu des mises à jour sur les délais des plans de travail du ministère de l'Énergie, des Mines et de l'Innovation à faible carbone de la Colombie-Britannique concernant son processus de permis pour la mine de minéraux industriels Record Ridge (RRIMM). L'entreprise est optimiste quant à une émission de permis d'ici début décembre 2024, bien que les dates puissent être sujettes à des ajustements.
West High Yield reste engagée à répondre à toute demande ou commentaire supplémentaire du Comité d'examen du développement minier de la Colombie-Britannique (MDRC) concernant sa dernière présentation de permis modifié. L'entreprise continue de travailler en étroite collaboration avec les parties prenantes du projet et les autorités réglementaires pour assurer un progrès efficace.
Le projet révisé ne déclenche pas les règlements sur les projets examinables de la loi sur l'évaluation environnementale de la Colombie-Britannique, éliminant ainsi le besoin d'une évaluation environnementale préalable à l'obtention des permis de construction et d'exploitation pour le RRIMM.
West High Yield Resources (TSXV: WHY) hat aktualisierte Zeitpläne für den Arbeitsplan vom Ministerium für Energie, Bergbau und kohlenstoffarme Innovation der Britisch-Kolumbien erhalten, die den Genehmigungsprozess für seine Record Ridge Industriemineralienmine (RRIMM) betreffen. Das Unternehmen ist optimistisch hinsichtlich einer möglichen Genehmigung zu Beginn Dezember 2024, obwohl sich an den Daten Änderungen ergeben können.
West High Yield bleibt bestrebt, weitere Anfragen oder Kommentare des Prüfungsausschusses für Bergbauentwicklungen von Britisch-Kolumbien (MDRC) zu seiner neuesten geänderten Genehmigungsanmeldung zu berücksichtigen. Das Unternehmen arbeitet weiterhin eng mit Projektbeteiligten und Regulierungsbehörden zusammen, um einen effizienten Fortschritt sicherzustellen.
Das überarbeitete Projekt löst nicht die Prüfkriterien des britisch-kolumbianischen Umweltprüfungsgesetzes für überprüfbare Projekte aus, wodurch die Notwendigkeit einer Umweltprüfung vor der Erlangung der Bau- und Betriebsgenehmigungen für das RRIMM entfällt.
- Potential permit issuance by early December, 2024
- No environmental assessment required, potentially expediting the permit process
- Ongoing collaboration with stakeholders and regulatory authorities
- Permit issuance timeline subject to potential adjustments
- Pending review and potential additional requests from the Mine Development Review Committee
Calgary, Alberta--(Newsfile Corp. - October 10, 2024) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (the "Company" or "West High Yield") is pleased to announce that it has received its most updated written work plan timelines (link to the timelines) from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation (the "EMLI") regarding the Company's mineral extraction project (the "Project") pertaining to the Record Ridge Industrial Minerals Mine (the "RRIMM") permit process. While the EMLI indicated that these dates could be subject to adjustments, the Company is optimistic that the process is on track for a potential permit issuance by early December, 2024.
The Company remains committed to addressing any further requests or comments promptly stemming from the review by the British Columbia Mine Development Review Committee (the "MDRC") of its latest RRIMM amended permit submission. West High Yield continues to work closely with the Project stakeholders and regulatory authorities to ensure that the process proceeds efficiently.
The Company provides this as a reminder that the revised Project does not trigger the British Columbia Environmental Assessment Act Reviewable Project Regulations and therefore does not require an environmental assessment prior to obtaining permits for the construction and operation of the RRIMM. Permits are anticipated to be received following the completion of the MDRC process as outlined in the Company's news release dated August 29, 2024.
About West High Yield
West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions.
The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.
Qualified Person
Rick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.
Contact Information:
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.com
Barry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com
Cautionary Note Regarding Forward-looking Information
This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226278
FAQ
When is West High Yield (WHYRF) expecting to receive its mining permit for the Record Ridge project?
Does West High Yield (WHYRF) need to complete an environmental assessment for the Record Ridge project?
What is the current status of West High Yield's (WHYRF) permit application process as of October 10, 2024?
